PKN Orlen wants to produce more propylene

PKN Orlen, the largest Polish petrochemical company, signed a deal for a license and a project of the Metatezy installation. It is the first stage of the planned investment, it will increase the volume of propylene production in Płock to the level of 550,000 metric tons annually. The launch of production is planned for 2017. "The Metatezy installation is currently one of the key development projects in the field of petrochemicals" says Jacek Krawiec, PKN Orlen CEO. The unit is planned to be built on the premises of the production area in Płock and its yearly production is assumed to be 100,000 tons of propylene of polymer quality. In line with the current schedule, the development stage should be completed in 2016. PKN Orlen plans to spend PLN 1.6 billion on major investments in the next four years.